Weather Is Cloudy, but Firms
Move Forward With IPO Plans

LONDON -- Though wildly gyrating stock markets have made investors nervous world-wide, most European companies planning initial public offerings remain determined to go ahead.

Despite the optimism, it remains to be seen how strong investor demand will be when these deals come to market in the next weeks. Companies also are likely to have to accept a lower price for their shares than they would have only 10 days ago. And some deals,...